What is the Difference Between Serviced & Managed Office Space?

In recent years, the business landscape has undergone a significant transformation, embracing the concept of flexible workspaces. Many co-working spaces have become permanent fixtures in the corporate world. Now, there’s a new trend: managed offices. These offices cater to the growing need for flexibility.

So, what’s the deal with these managed offices? They’re like a sibling to the traditional serviced offices. This little guide is here to help you see what’s similar and what’s different between the two, so you can pick the one that fits you and your company best. Easy, right?

Similarities

Management

In both spaces, an external team takes care of facilities and services, allowing you to concentrate on your business. Everything you need is conveniently included in your monthly rent. This means perks like coffee, fresh fruit, and cleaning are all part of the deal.

In a nutshell, you can expect a hassle-free, well-managed environment, letting you stay focused on your work while enjoying the added benefits that come with your office space. It’s all about making your work life easier and more comfortable!

Finance

When it comes to your finances, both setups offer a stress-free solution. Imagine this: all your expenses neatly bundled into one straightforward, monthly payment. Yes, it’s that simple. Your rent, business rates, service charges, utilities, cleaning, maintenance, and more – everything is included.

No more headaches or complicated calculations. It’s all taken care of, making your financial management hassle-free. With one easy payment, you can focus on what really matters – running your business smoothly and without worries. It’s financial peace of mind, delivered straight to your workspace!

Differences

Location

When it comes to choosing the right office space, location is key. Managed offices offer a unique advantage – you have the freedom to pick your building in any location. This is because it’s a direct agreement between you and a commercial landlord. Imagine the possibilities! Your options multiply because a managed service provider can explore numerous locations on your behalf.

Serviced offices have their advantages, but you can only choose from places owned by the company. This can make it hard to get the best spots, and you might not have much say in the building or the area around it.

Privacy

In the world of managed offices, privacy takes center stage. Picture this: your very own space, all to yourself. You get an entire floor with private access to all facilities, and your company’s name proudly displayed at the building entrance. Plus, here’s the best part – no more worries about private conversations being overheard by anyone outside your team. Your discussions with your team or clients stay confidential, creating a secure and comfortable environment for your work. Privacy? Managed offices have got you covered!

Now, let’s talk about serviced offices. While you might be sharing communal areas like toilets, reception, and breakout areas with other companies, there’s a trade-off. Yes, there’s less privacy, but you gain access to extra spaces beyond your office. Plus, you become part of a vibrant community of startups and small businesses. It’s a more sociable and collaborative atmosphere, perfect for those who thrive in a lively, shared environment. It’s all about finding the balance between privacy and community!

Design

When it comes to designing your workspace, there’s a key difference between managed and serviced offices.

In a managed office, it’s all about personalization. You get to collaborate with an interior expert to design a space that’s uniquely yours. Imagine having the freedom to choose everything, from furnishings to the layout, aligning perfectly with your vision. It’s a tailor-made setup, ensuring your workplace strategy shines through right from the start.

Now, in a serviced office, the story is a bit different. You work within an existing layout, limiting your options for branding and design. Why? Because these spaces need to be ready for the next tenant once your contract ends. It’s a quick and easy move-in process, but it might lack that special touch that makes your space truly yours.

Clients

In managed offices, you’re in control. You will have your own welcome area, reception, and meeting rooms – all designed uniquely for you. This bespoke setup not only makes your branding pop but also provides a personal, unforgettable experience for your clients. It’s about making your mark and leaving a lasting impression.

Now, in serviced offices, the setup isn’t in your hands when it comes to client meetings. However, there’s a different perk – the power of networking. Being in an open-plan shared office can be incredibly beneficial for rapidly growing companies. It fosters connections and collaborations that can propel your business forward.

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